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Ongoing advancements in underfloor heating technology in conjunction with features including wireless connectivity, programmable settings, and energy-saving algorithms will stimulate the industry scenario. Furthermore, growing demand from regions witnessing extreme climatic conditions will lead to a positive business scenario.
The market size of Europe thermal underfloor heating actuator was reached USD 189.9 million in 2023 and is set to grow at 4.1% CAGR till 2032, driven by government policies aimed at promoting energy efficiency and reducing carbon emissions.
The residential application segment in the Europe thermal underfloor heating actuator market is likely to exceed USD 152 million by 2032, owing to compact design and simple system maintenance.
Germany thermal underfloor heating actuator market held a decent revenue in 2023 and is set to cross over USD 96 million by 2032, driven by rising investments in construction to strengthen the commercial sector.
Ambiente, Danfoss, Eberle Controls GmbH, Heatmiser, Honeywell International Inc., Mohlenhoff GmbH, Oventrop GmbH & Co. KG, Polypipe, Sauter AG among others.